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RKTO vs SPRC: Correlation

Measured on weekly returns over the past three years, Rocket One Inc. (RKTO) and SciSparc Ltd. (SPRC) carry a correlation of 0.40, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
0.30
long-run
Ann. covariance
10331.8
%² · weekly, annualized

How correlated are RKTO and SPRC?

On 3 years of weekly data the RKTO/SPRC correlation comes out at 0.40, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.60 versus 0.40 over 3 years. The 5-year figure is 0.30, and annualized covariance runs at 10331.8 %².

By 3-year correlation, SPRC places #9 of the 30 assets tracked against RKTO. Correlation aside, the last 12 months split them widely, with RKTO ahead by 42.4 points (-40.3% versus -82.7%).

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

RKTO vs SPRC: side by side

RKTO (Rocket One Inc.)SPRC (SciSparc Ltd.)
1-year return-40.3%-82.7%
5-year return-97.7%-100.0%
Volatility (ann.)135.8%190.8%
Beta vs S&P 5000.302.10
Max drawdown (3Y)-81.1%-99.8%
Market cap
P/E (trailing)0.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RKTO -81.1% vs -99.8%Higher 5y return: RKTO -97.7% vs -100.0%
-84%0%+114%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. RKTO · SPRC

Year-by-year returns

YearRKTOSPRC
2022-52.7%-87.9%
2023-81.5%-75.2%
2024-48.1%-92.6%
2025+32.4%-82.0%
2026-27.1%-45.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are RKTO and SPRC good diversifiers for each other?

Reasonably. At 0.40, RKTO and SPRC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between RKTO and SPRC?

The RKTO/SPRC correlation stands at 0.40 on a 3-year window (1 year: 0.60, 5 years: 0.30), computed from weekly returns as of 2026-08-27.

Is SPRC a good diversifier for RKTO?

Reasonably. At 0.40, RKTO and SPRC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.40 mean?

A reading of 0.40 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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RKTO vs SPRC: 3-year weekly correlation 0.40RKTO vs SPRC0.40

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Related comparisons

Hubs: RKTO correlations · SPRC correlations